President Obama praised the $29 billion State Employees' Credit Union for providing its members with free access to their credit scores.

Obama mentioned the Raleigh, N.C.-based SECU along with JPMorgan Chase, Bank of America, USAA and Ally Financial for making free credit scores available to active borrowers during a Jan. 12 speech to the Federal Trade Commission in Washington, D.C., on his cybersecurity proposals.

"I'm pleased that more banks, credit card issuers and lenders are stepping up and equipping Americans with another weapon against identity theft, and that's access to their credit scores, free of charge," Obama said.

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